Qudian’s $345 Million Convertible Senior Notes Offering

Simpson Thacher represented Qudian Inc. (“Qudian”) in connection with its offering of US$345 million 1% Convertible Senior Notes due 2026 (the “Notes”). The offering was made pursuant to Rule 144A and Regulation S, and included a fully exercised option to purchase an additional US$50 million principal amount of the Notes granted by Qudian. Credit Suisse, […]

Shenwan Hongyuan Group Co. Ltd.’s US$1.16 Billion Hong Kong Stock Exchange IPO

Clifford Chance advised Shenwan Hongyuan Group Co. Ltd. on its US$1.16 billion initial public offering and listing on the Hong Kong Stock Exchange. Shenwan Hongyuan is a leading investment holding group focused on securities businesses in China. It is the seventh largest securities firms by net assets at the end of 2018 and its revenue […]

Navis Capital Partners’ Acquisition of Thanh Thanh Cong Education JSC

Hogan Lovells acted for Navis Capital Partners on the deal Navis is a leading private equity investment firm which currently manages approximately US$5bn in public and private equity capital and focuses on investments primarily in and around Asia. Navis contributes both capital and management expertise to a limited number of well-positioned companies with the objective […]

Weibo Corporation’s $800 Million Notes Offering

Simpson Thacher represented Goldman Sachs (Asia) L.L.C. as the representative of the underwriters in connection with the offering of US$800 million 3.5% Notes due 2024 (the “Notes”) by Weibo Corporation (“Weibo”). Weibo (NASDAQ: WB) is a leading social media platform for people to create, distribute and discover Chinese-language content. Skadden, Arps, Slate, Meagher & Flom […]

Carrefour Nederland B.V.’s 80% Equity interest Sale To Suning.com

Clifford Chance has acted as Hong Kong and Dutch legal counsel to Carrefour Nederland B.V. on the proposed sale of its 80% equity interest in Carrefour China to Chinese electronics and e-commerce retailer Suning.com. The transaction values Carrefour China at an enterprise value of €1.4 billion. With a presence in China dating back to 1995, […]

Beijing Enterprises Urban Resources Group Limited’s Offering And Listing On The Hong Kong Stock Exchange

Slaughter and May, Hong Kong, advised Haitong International Capital Limited and DBS Asia Capital Limited as joint sponsors on the proposed global offering and listing of Beijing Enterprises Urban Resources Group Limited (BEURG) on the Main Board of the Hong Kong Stock Exchange (HKSE). The application for listing was filed with the HKSE on 29 […]

Endeavour Drinks’ Merger With ALH Group To Form The Endeavour Group Limited

Ashurst has advised Woolworths Group Limited in relation to the merger of the Endeavour Drinks business and ALH Group to form the Endeavour Group integrated drinks and hospitality business and the proposed separation of Endeavour Group. The merger will create Australia’s largest integrated drinks and hospitality business, with approximately A$10bn of sales and A$1bn of […]

Temasek Holdings Limited’s Investment In Li & Fung Logistics Business

Davis Polk advised Li & Fung Ltd. in connection with an investment by Temasek Holdings (Private) Limited in Li & Fung’s logistics business, LF Logistics. Under the terms of the definitive agreement, Temasek’s wholly-owned subsidiary will subscribe for a 21.7% interest in LF Logistics for $300 million in cash, subject to net debt adjustment. The […]

Toshiba Memory Holdings Corporation’s $8.3 Billion Financing

White & Case LLP has advised Sumitomo Mitsui Banking Corporation, MUFG Bank, Ltd. and Mizuho Bank, Ltd., as mandated lead arrangers, on JPY900 billion in new senior loans and an additional commitment line of JPY100 billion for Toshiba Memory Holdings Corporation. The new financing was used to refinance total JPY600 billion loans from Sumitomo Mitsui […]